The current system for selecting permanent and temporary immigrants by U.S. employers is inefficient, unnecessarily burdensome and costly, outdated, and serves U.S. national interests haphazardly. The authors enter the fray on how to reform "economic stream" immigration, undertaking the first critical evaluation of the present system. After comparing the U.S. selection system to that of most other advanced industrial societies, the authors propose an alternative that enhances U.S. competitiveness while protecting the long-term interests of U.S. workers.